104, Balqis Residence 2
Sold prices and rental history: sold once, by the developer in May 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 104, Balqis Residence 2
What is 104 worth today?
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Source: Dubai Land Department. Updated 18 May 2021.
Key facts
- Type
- 3-bed apartment
- Size
- 4,511 sqft
- Floor
- 1st of 11
- Parking
- B-257, B-256
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 80,300 /yr
- Last sold
- AED 2.75M · May 2021
- Building
- Balqis Residence 2
About 104, Balqis Residence 2
104 is a three-bedroom apartment of 4,511 sqft on the 1st floor of Balqis Residence 2, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. The developer sold it on 18 May 2021 for AED 2,750,000, or AED 609 per sqft, 25% below the AED 816 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 104 over time
104 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Balqis Residence 2, and where 104 sits
All 54 3-beds →104 last sold in May 2021 at AED 609 per sqft, 25% below what three-beds in Balqis Residence 2 were fetching at the time (AED 816). Over the last 12 months three-beds sold for AED 4,999,900, around AED 2,112 per sqft, and rent for AED 225,000 to 500,000 a year.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Aug 202626 August 2026 | 2,367 sqft | 4,999,900 | 2,112 | ||
| 16 Dec 202416 December 2024 | 2,392 sqft | 4,925,000 | 2,059 | ||
| 12 Dec 202412 December 2024 | 2,411 sqft | 7,050,000 | 2,924 | ||
| 9 Sep 20249 September 2024 | 2,938 sqft | 4,950,000 | 1,684 |
Balqis Residence 2
Building147 apartments, 2-bed to 5-bed over 11 floors in Palm Jumeirah, completed in 2019 by Balqis Residence. 7 sold in the last 12 months.
- Typical price per sqft
- AED 2,161
- Typical sale
- AED 5M
- Typical rent
- AED 231K /yr
- Typical yield
- 4.9%
Other units on the 1st floor
All 147 units in Balqis Residence 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 2-bed | 3,539 sqft | AED 4.3MAED 4,300,000 · Apr 2014April 2014 | 250,000 /yr | |
| 102 | 2-bed | 3,853 sqft | AED 4.41MAED 4,413,462 · Jun 2023June 2023 | 200,000 /yr | |
| 103 | 3-bed | 4,343 sqft | AED 4.72MAED 4,719,680 · Nov 2022November 2022 | 330,000 /yr | |
| 105 | 2-bed | 3,752 sqft | AED 2.8MAED 2,800,000 · Jan 2024January 2024 | 340,000 /yr | |
| 106 | 2-bed | 3,728 sqft | AED 6.22MAED 6,222,800 · Sep 2026September 2026 | 160,000 /yr |
104, Balqis Residence 2 in numbers
- Sold once: by Balqis Residence on 18 May 2021 for AED 2,750,000, or AED 609 per sqft.
- Three-beds in Balqis Residence 2 sold for AED 4,999,900–4,999,900 in the 12 months to November 2026; the building's median across all types is AED 2,161 per sqft.
Source: Dubai Land Department. Updated 18 May 2021.
Questions about 104, Balqis Residence 2
What did unit 104 last sell for?
AED 2,750,000 on 18 May 2021, sold by the developer: AED 609 per sqft for 4,511 sqft. It is the only registered sale of the unit.
How big is unit 104?
4,511 sqft (419.1 sqm): a three-bedroom apartment on the 1st floor of a 11-storey tower completed in 2019.
What is unit 104 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Balqis Residence 2 sold for AED 4,999,900 to 4,999,900 in the last 12 months, around AED 2,112 per sqft.
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Mortgage on 104, Balqis Residence 2
Starts from the last sale price (AED 2.75M, 18 May 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,750,000
- Deposit, UAE resident (20%)
- AED 550,000
- Deposit, non-resident (40%)
- AED 1,100,000
- Monthly over 25 years at 3.7%
- AED 11,251
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →